Do Patent Rights Regimes Matter?
AbstractThe paper asks whether exports are affected by importers' patent rights regimes using a gravity trade equation. US export data to 71 countries from 1970 to 1992 are used. A two-way random-effects panel indicates that patent rights regimes per se do not matter; they matter with importing countries' imitative abilities. For a country with an "average" imitative ability, US R&D-intensive exports increase by 4-9% for a unit increase in the patent rights index; a unit increase in the patent rights index leads to a drop in US non-R&D-intensive exports by about 8-11%. Copyright Blackwell Publishing Ltd 2004.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Review of International Economics.
Volume (Year): 12 (2004)
Issue (Month): 3 (08)
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- Montobbio, Fabio & Sterzi, Valerio, 2013.
"The Globalization of Technology in Emerging Markets: A Gravity Model on the Determinants of International Patent Collaborations,"
Elsevier, vol. 44(C), pages 281-299.
- Fabio MONTOBBIO (University of Turin & KITES, Bocconi University, Milan) & Valerio STERZI (GREThA, CNRS, UMR 5113 & KITES, Bocconi University, Milan), 2012. "The globalization of technology in emerging markets: a gravity model on the determinants of international patent collaborations," Cahiers du GREThA 2012-05, Groupe de Recherche en Economie Théorique et Appliquée.
- Montobbio Fabio & Sterzi Valerio, 2012. "The globalization of technology in emerging markets: a gravity model on the determinants of international patent collaborations," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201208, University of Turin.
- Rod Falvey & Neil Foster & David Greenaway, 2009. "Trade, imitative ability and intellectual property rights," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 145(3), pages 373-404, October.
- Park, Walter G., 2008. "International patent protection: 1960-2005," Research Policy, Elsevier, vol. 37(4), pages 761-766, May.
- Ivus, Olena, 2010. "Do stronger patent rights raise high-tech exports to the developing world?," Journal of International Economics, Elsevier, vol. 81(1), pages 38-47, May.
- Keith E. MASKUS & Lei YANG, 2013. "The Impacts of Post-TRIPS Patent Reforms on the Structure of Exports," Discussion papers 13030, Research Institute of Economy, Trade and Industry (RIETI).
- Co, Catherine Yap, 2010. "Intra- and inter-firm US trade," International Review of Economics & Finance, Elsevier, vol. 19(2), pages 260-277, April.
- Yungho Weng & Chih-Hai Yang & Yi-Ju Huang, 2009. "Intellectual property rights and U.S. information goods exports: the role of imitation threat," Journal of Cultural Economics, Springer, vol. 33(2), pages 109-134, May.
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